Oxford Lane Capital Corp (OXLC) : Selz Capital scooped up 123,058 additional shares in Oxford Lane Capital Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 14, 2016. The investment management firm now holds a total of 972,317 shares of Oxford Lane Capital Corp which is valued at $8,925,870.Oxford Lane Capital Corp makes up approximately 2.67% of Selz Capital’s portfolio.
Oxford Lane Capital Corp closed down -0.28 points or -3.05% at $8.9 with 82,429 shares getting traded on Monday. Post opening the session at $9.18, the shares hit an intraday low of $8.81 and an intraday high of $9.3699 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Creative Planning boosted its stake in OXLC in the latest quarter, The investment management firm added 4,500 additional shares and now holds a total of 7,622 shares of Oxford Lane Capital Corp which is valued at $67,683.
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return. The Company’s focus is to seek that return by investing in structured finance investments specifically collateralized loan obligation (CLO) vehicles which primarily own senior secured corporate loans. Its investment strategy also includes investing in warehouse facilities which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle. It may also invest on an opportunistic basis in corporate debt securities on a direct basis and a range of other corporate credits. It makes purchasing in both the primary and secondary markets the income notes and subordinated notes and junior debt tranches of various CLO vehicles and the equity tranches of various warehouse facilities. Oxford Lane Management LLC (OXLC Management) is the investment adviser of the Fund.